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☆ Aaron Rodgers expected to participate in offseason without ‘any restrictions’
▼ + stars: | 2024-05-04 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Star quarterback Aaron Rodgers is expected to participate in the New York Jets’ offseason training activities (OTAs) later this month without “any restrictions,” his franchise’s coach Robert Saleh said on Friday, per the NFL website. But the Jets ultimately missed the postseason and the timeline for his rehabilitation shifted and now Rodgers seems to be on track for beginning the 2024 NFL season fully fit, with a full offseason of training under his belt. The 40-year-old will fully participate in phase three of the OTAs, Saleh said, in which teams can conduct 10 days of 11-on-11 drills without any contact during a four week period. “I know he’s had a couple prior engagements that he’s taking care of, but he’s here, he’s working,” Saleh said. Boyle in turn was cut after he failed to turn things around and the Jets returned to Wilson.

Persons: Aaron Rodgers, Robert Saleh, Achilles, Rodgers, Saleh, ”, ” Saleh, he’s, Zach Wilson, Tim Boyle, Boyle, Wilson Organizations: CNN — Star, New York Jets, NFL, Jets, Green Bay Packers, Bills

☆ Caitlin Clark plays in WNBA preseason debut after being drafted No. 1 by Indiana Fever
▼ + stars: | 2024-05-03 | by ( Homero De La Fuente | Ben Morse | ) edition.cnn.com time to read: +7 min

1 overall pick in the 2024 WNBA draft by the Indiana Fever, scored a game-high 21 points in the team’s preseason game Friday against the Dallas Wings. I think it’s a good kickoff to the WNBA season. I think the way we play, you know there’s some things we could’ve executed a little better. Ogunbowale finished with 19 points, including nine points in the fourth quarter, to lift the Wings to the preseason victory. Michael Conroy/APBoston – who averaged 14.5 points and 8.4 rebounds last season – said she hopes to improve on a promising debut WNBA campaign.

Persons: Caitlin Clark, Clark, Clark dazzles, wasn’t, ” Clark, Arike Ogunbowale, Ogunbowale, Jaelyn Brown, could’ve, TickPick, Caleb Williams, Clark merchanise, Michael Conroy, “ It’s, “, you’ve, –, Boston Organizations: CNN, WNBA, Indiana Fever, Dallas Wings, NCAA, Iowa Hawkeyes, College Park Center, NCAA Division I’s, Wings, Dallas, ”, Iowa, Indiana, Chicago Bears, Hawkeye, Fever, Boston, Eastern Conference, Boston –, Atlanta, Connecticut Sun, Mohegan Sun Locations: Arlington , Texas, Boston, Indianapolis, Indiana

☆ How the US became hooked on sports betting – and the cost it’s having on lives
▼ + stars: | 2024-05-03 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +11 min

“I noticed all my memories were really gambling related,” Malek explains to CNN Sport. So right where the AGA and the National Council for Problem Gambling is located – the nation’s capital – they abolished all public funds for problem gambling,” adds Whyte. Ramon Zelaya, the moderator of Reddit’s problem gambling forum, concurs. “I think the pace of innovation right now, particularly as it relates to fan engagement and betting, and in play betting and live betting will continue to increase,” said Maloney. Reportedly there were two specific games in which DraftKings Sportsbook flagged prop bets involving Porter in its daily betting insights.

Persons: CNN —, Saul Malek, he’d, “, ” Malek, I’d, Malek, ”, Michael Reaves, Getty, Dominick Reuter, Joe Maloney, ” Maloney, ” Keith Whyte, Maloney, “ We’re, Al Bello, Whyte, “ We’ve, LeBron James ’, DraftKings, you’re, Greg Olsen, Jared C, Tilton, Adam Silver, Silver, Ramon Zelaya, ” Zelaya, “ I’ve, Sportradar, expained, Candice Ward, Reuters Maloney, Jontay Porter, Porter, “ It’s, Brian Sevald Organizations: CNN, CNN Sport, Gamblers Anonymous, Saturday’s Kentucky Derby, Kentucky Derby, Supreme, District of Columbia, Super, American Gaming, Monmouth, Getty, “, Republicans, National Council, Belmont Park, ESPN, NCAA, NFL, NASCAR Hall of Fame, NBA, Reuters, Sporting, Toronto Raptors Locations: Saturday’s, Churchill, Nevada, Monmouth, Oceanport , New Jersey, AFP, America, New York, Belmont, District, –, North Carolina

☆ The portfolio manager whisperers
▼ + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +24 min

AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.

Persons: Taylor Swift, Travis Kelce, Goldman Sachs, —, That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, —, Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny

☆ She's worked for Nike, the NBA — and Maya Angelou. Meet abstract artist Ya La'ford
▼ + stars: | 2024-05-03 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +5 min

Artist Ya La'ford in front of one of her artworks. Ya La'fordAbstract artist Ya La'ford is in demand. Her commissions — including sculpture, installations and gallery exhibitions — mean she is fully booked for the next four years. "American Roots" (2021), an installation at The John and Mable Ringling Museum of Art in Sarasota, Florida, by Ya La'ford. The work was defaced in 2012 and restored in 2014, and Ya La'ford said it is one of her favorite artworks.

Persons: Ya, Ya La'ford, La'ford, She's, Janet Jackson, John, Maya Angelou, Maya, Melinda Gates, Mark Rothko's, London's, Rob Stothard Organizations: Nike, McLaren Racing, Orlando Magic, CNBC, NFL, Ringling Museum of Art, Fine Arts, Art Institute of Boston, University of Florida's Levin College of Law, Orlando Museum of Art . Orlando Museum of Art, U.S, Tampa Museum of Fine Arts, Asia, London's Tate, Getty Locations: St . Petersburg , Florida, Sarasota , Florida, Houston, China, Palenque , Colombia, St . Petersburg, Ogden , Utah, Jacksonville , Florida, Bronx , New York

☆ Snapchat avoided 'AI' and leaned into real experiences in its annual pitch to brands
▼ + stars: | 2024-05-02 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +6 min

During the Snap-owned app's pitch to brands at its NewFronts presentation on Wednesday in New York, the company emphasized the value of real-world experiences, or IRL, over social-media scrolling. Sharing became contrived, and social media as a whole began feeling like an inauthentic version of our lives rather than a source of genuine connection." It's plastered ads on competitive social media platforms and billboards with its "Less Social Media. Related storiesSnapchat executives mentioned AI just once during the NewFronts presentation, saying the company had used AI models to build augmented-reality lenses. Snap is not the only social platform addressing lonelinessSnapchat's war against social media taps into a broader trend.

Persons: —, Colleen DeCourcy, Cipriani, DeCourcy, TikTok, Dan Whateley, NewFront, Meta's, Mervana Parekh, Snapchat, Patrick Harris, Piper Sandler Organizations: Service, Facebook, Meta, Business, NFL, NBA, NBC, Entertainment, Media, Snap's, Acrew, Big Tech Locations: New York, Manhattan, Americas

☆ Nicole Brown Simpson's sister said nearly 30 years after her death, she's still 'heartbroken': 'Nicole endured incredible pain'
▼ + stars: | 2024-05-02 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +3 min

Nicole Brown Simpson's family is collaborating with Lifetime to create a new docuseries. The series aims to provide Brown Simpson's own narrative in one of history's most notorious crimes. Lifetime announced Thursday that "The Life and Murder of Nicole Brown Simpson" will premiere on the network on June 1 in a two-night event. After Simpson's death, Brown said her family has been dedicated to the cause of domestic violence in many arenas. "Nicole endured incredible pain, and through that pain, she was able to protect her children.

Persons: Nicole Brown Simpson's, Brown, —, Nicole Brown Simpson, Simpson, Ronald Goldman, OJ Simpson, Simpson's, Nicole, Denise Brown, Tanya, Dominique, I'm, It's, Shonda Rhimes, Mariska Hargitay, Amy Schumer, Amber Ruffin, Melissa Joan Hart, Glenn Close, Nicky Hilton Organizations: Lifetime, Service, NFL, Variety's, Cooper Hewitt Smithsonian Design, of Locations: New York City, we're

☆ Carlyle thinks it's a good time to move on sports teams, but investors should be careful
▼ + stars: | 2024-05-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Carlyle also sees an opportunity to take advantage of sports' greater openness to institutional capital as teams get more expensive. Advertisement"Post-COVID, no content is more important than sports content," Fund said. Successfully running a team isn't as easy as investing in oneCarlyle sees openings for outside investors in teams as their valuations soar. "As teams become more expensive, you're running out of people to buy controlling stakes in teams," Fund said. Key to the Reign deal, for example, was having the Sounders, with its deep market knowledge, as a day-to-day operator.

Persons: —, Carlyle, Ben Fund, Alex Popov, cochair David Rubenstein, We've, We're Organizations: Service, National, Soccer, Seattle, FC, Seattle Sounders, Business, Fund, Baltimore Orioles, NFL, Sounders

☆ What you need to know about Skydance's bid for Paramount, from financing a deal worth $32 billion to its plans for the media empire
▼ + stars: | 2024-05-01 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Skydance Media and its largest private-equity backer RedBird Capital Partners have been wooing Paramount for the better part of a year. The Skydance consortium, including fellow Skydance investor KKR, submitted a revised offer on Sunday. The deal would be worth roughly $32 billion, according to the source, with the value of Paramount and its $15 billion in debt making up the lion's share. Here's what we know about the deal, how much Redstone would get, and what a new Paramount would look like. Keeping Paramount public sets the Skydance bid apart from Apollo's potential offer, according to one of the sources.

Persons: Bob Bakish, Shari Redstone's, Tom Cruise, Mario Gabelli, Bakish, Getty, Redstone's, David Ellison, Larry Ellison, Ellison, RedBird, Gerry Cardinale, Goldman Sachs, Goldman, Skydance, Jeff Shell, Ben Affleck, Matt Damon's, Axel Springer Organizations: Skydance Media, RedBird Capital Partners, Paramount, KKR, Business, Ex, CNBC, Apple, New York Yankees, NFL, Bakish, CBS, MTV, Nickelodeon, ' Equity, Amazon Studios, Sony, Apollo, Wall Street Locations: Santa Monica , California, New York City, Skydance, RedBird

☆ Meet the ex-Goldman Sachs partner behind the scenes of the Skydance-Paramount deal negotiations
▼ + stars: | 2024-04-30 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Read previewParamount's CEO Bob Bakish was ousted on Monday night, putting the entertainment giant one step closer to accepting a merger deal. The would-be buyer, film studio Skydance Media, is owned by David Ellison, son of billionaire Oracle founder Larry. An investor in Skydance since 2020, RedBird is the media company's largest shareholder other than the Ellison family. This story is available exclusively to Business Insider subscribers. "I think it's my biggest competitive advantage that I don't get emotionally attached," Cardinale told Business Insider in 2022.

Persons: —, Bob Bakish, David Ellison, Larry, RedBird, Ellison, Gerry Cardinale, Goldman Sachs, Jeff Shell, Skydance, " Cardinale, Goldman, Jon Winkelried, Gerry, Axel Springer Organizations: Service, Skydance Media, RedBird Capital Partners, Business, New York Yankees, Dallas Cowboys, NFL, AC Milan, Paramount, KKR, Sony, TPG Locations: Skydance, RedBird

☆ Tank Dell: Houston Texans wide receiver injured in shooting, teen arrested
▼ + stars: | 2024-04-29 | by ( Paradise Afshar | ) edition.cnn.com time to read: +1 min

CNN —Tank Dell, a wide receiver for the NFL’s Houston Texans, was injured Sunday during a shooting in Sanford, Florida, the team has confirmed. Dell, 24, is in good spirits after he sustained minor injuries from the shooting, the team said in a statement posted on X, formerly known as Twitter. At least 10 people were injured in the shooting and were taken to the hospital. Dell is from Daytona Beach, Florida, according to the NFL. Daytona Beach is about 40 miles from Sanford.

Persons: Dell Organizations: CNN, NFL’s Houston Texans, Twitter, WESH, Police, Daytona, NFL Locations: Sanford , Florida, Sanford, Seminole, Daytona Beach , Florida

☆ Travis Clayton: Why the Buffalo Bills picked a player in NFL Draft who has never played football
▼ + stars: | 2024-04-29 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

And on Saturday, the Buffalo Bills drafted someone who they hope will have a similar effect as Mailata, despite never having played a snap of football. With the 221st overall pick and the first pick of the seventh round, the Bills selected Travis Clayton, a former rugby player from the United Kingdom. Clayton has never played in a football game but possesses the raw tools that could translate to play offensive tackle in the league. Clayton played for Basingstoke Rugby club, which plays in the Counties 2 Hampshire Division, the eighth tier of English rugby. Our man Travis Clayton drafted by the Bills.

Persons: Jarryd Hayne, Christian Wade, Louis Rees, Zammit, Jordan Mailata, Travis Clayton, Clayton, Brandon Beane, Jeff Roberson, ” Clayton, “, Lance Zierlein, Zierlein, ” Organizations: CNN, Welsh, Kansas City Chiefs, NFL, Philadelphia Eagles, Buffalo Bills, Bills, ” Bills, Basingstoke Rugby, Hampshire Division, rugby, “ Locations: United Kingdom, Basingstoke, England, Counties

☆ Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
▼ + stars: | 2024-04-29 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

David A. Grogan | CNBCParamount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed the corporate ladder after joining Viacom in 1997, until he became CEO of the company in 2016. Following the merger of Viacom and CBS, he became CEO of the combined company in 2019, which was later renamed as Paramount Global. Paramount will now be led by CBS president and CEO George Cheeks; Chris McCarthy, president and CEO of Showtime/MTV Entertainment Studios and Paramount Media Networks; and Brian Robbins, the head of Paramount Pictures and Nickelodeon. Paramount said it added 3.7 million Paramount+ subscribers during the quarter, bringing the total to 71 million.

Persons: Bob Bakish, David A, Bakish, George Cheeks, Chris McCarthy, Brian Robbins, Naveen Chopra, Chopra, LSEG, Bob Marley Organizations: Viacom, Allen & Company Sun Valley Conference, Grogan, CNBC Paramount Global, Skydance Media, CBS, Paramount Global, Paramount, Showtime, MTV Entertainment Studios, Paramount Media Networks, Paramount Pictures, Nickelodeon, LSEG, Super, BET, MTV, NFL, TV Media, Hollywood Locations: Sun Valley , Idaho

☆ Travis Kelce’s new contract with Kansas City Chiefs makes him highest paid tight end in NFL, reps say
▼ + stars: | 2024-04-29 | by ( Kevin Dotson | ) edition.cnn.com time to read: +1 min

CNN —Three-time Super Bowl champion and four-time All-Pro Travis Kelce has signed a record contract for NFL tight ends, according to his representatives. “Back at it again, baby!” Kelce, an 11-year veteran, exclaimed in a video posted by the team on X, formerly Twitter. The $17.125 million yearly average outpaces New York Giants tight end Darren Waller, who had been the league’s highest-paid player in the position, with a salary of $17 million per year, per Spotrac. After winning his third Super Bowl, he and Swift took a vacation in the Bahamas. In an exclusive interview with People magazine, the tight end shared his joy about his current life.

Persons: Travis Kelce, “, ” Kelce, ”, Darren Waller, Patrick Mahomes, y’all I’ll, Taylor Swift, Swift Organizations: CNN, NFL, KC, Sports, New York Giants, Chiefs, Kelce, Bowl Locations: Bahamas

☆ Caledonian Braves: How a tiny Scottish soccer club is chasing ‘Wrexham’-sized dreams
▼ + stars: | 2024-04-29 | by ( Issy Ronald | ) edition.cnn.com time to read: +8 min

On any given evening, Ewing receives emails informing him that some fan in a far-flung location – say, Los Angeles – has just invested in his tiny Scottish soccer club, the Caledonian Braves. “A community club, most people would think, is a local community bound by a certain geography,” says Ewing. National Basketball Association/Courtesy Caledonian BravesAgainst this backdrop, fan ownership has emerged as somewhat of a utopian panacea for some fans. As time went by, the academy’s first team started playing in the Scottish soccer leagues and separated to form the Caledonian Braves in 2019. “You can be anyone really from anywhere and you can also own a football club for as little as £10 ($13).”

Persons: Ted Lasso ”, Ryan Reynolds, Rob McElhenney’s, –, Chris Ewing, Ewing, Los Angeles –, ’ ” Ewing, ”, “, Mujtaba Elgoodah, Elgoodah, braving, ” Elgoodah, Alastair Ross, Nassir Criss, Elizabeth Ball, Kristen Hamilton, Hailie Mace, Isaiah Covington, ” Covington, ” Hamilton, that’s, ‘, ’, ” Criss, Mutjaba Elgoodah, Kiera Burns, ” Ball, Tom Brady, Matthew McConaughey Organizations: CNN — Soccer, Welsh soccer, Scottish soccer, Caledonian Braves, CNN Sport, Scottish, Scottish Premier League, NBA, US, Super League, Golden State Warriors, National, Players ’ Association, Braves, Twitter, Kansas City, Boston Celtics, NFL, National Basketball, English Premier League, St Mirren, Motherwell, Rangers, Celtic, –, Edusport Academy Locations: Wrexham, ”, Los Angeles, Scottish, Australia, Motherwell, Glasgow, – Wyoming, Kansas, Scotland, Heart of Midlothian, France

☆ Peacock streaming subscription prices to increase by $2 ahead of the Summer Olympics
▼ + stars: | 2024-04-29 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Subscription prices for Peacock, Comcast 's answer to the streaming wars, will increase by $2 this summer. The Summer Olympics begin in late July. Effective last August, ad-supported Peacock's price rose $1 to $5.99, and ad-free went up $2 to $11.99 per month. The streaming service launched in 2020 in time for the Summer Olympics in Tokyo — which was pushed to 2021 due to the pandemic. This was due in part to increased advertising revenue, which has lagged for traditional TV networks recently.

Persons: Peacock, Comcast's, Oppenheimer Organizations: Peacock, Comcast, Media, NFL, Premier League, Summer, Universal Pictures, NBC, CNBC Locations: Paris, Tokyo, NBCUniversal

☆ Mike Tyson details regime of abstinence as bout with Jake Paul is sanctioned as professional fight
▼ + stars: | 2024-04-29 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —Mike Tyson is clearly taking his fight with Jake Paul seriously as he detailed elements of his training regime, which he says includes not smoking marijuana as well as abstaining from sex. Tyson, 57, will return to the ring to face YouTuber-turned-boxer Paul at AT&T Stadium in Arlington, Texas on July 20. The 57-year-old has also started his own cannabis brand, Tyson 2.0, with Forbes estimating it generated $150 million in revenue last year. “Why did God, the universe, whatever we believe, why am I the face of it?” Tyson said. “An uneducated guy, Mike Tyson, why am I the face of cannabis and psychedelics?

Persons: Mike Tyson, Jake Paul, Tyson, Paul, ” Tyson, “, Damon Elliott, Elliott, ”, Mike ”, Roy Jones Jr, Tommy Fury, Tyson Fury, Andrew Golota, Evander Holyfield’s, Tyson’s, Holyfield, Lakiha Spicer, Holyfield –, Mike, ’ Tyson, Chris Unger, Forbes Organizations: CNN, T, Forbes Life, Texas Department, Dallas Cowboys, YouTube, Forbes, UFC, Mobile Locations: Arlington , Texas, Michigan, Las Vegas , Nevada

☆ What we learned during the 2024 NFL Draft
▼ + stars: | 2024-04-28 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

CNN —The 2024 NFL Draft drew to a close on Saturday as 257 players were selected by teams from across the league, all hopeful of a bright career lying before them. The 137 selections between Thursday’s first round and Saturday’s fifth round set a record for the longest drought without a quarterback being picked in NFL Draft history. Other offensive players popularInterest in offensive players was high throughout the draft and it was an especially good few days for wide receivers and offensive linemen. Laiatu Latu was the first defensive pick of the NFL Draft. Irrelevant’Jaylen Key is announced as the final pick of the NFL Draft.

Persons: Caleb Williams, Roger Goodell, Gregory Shamus, Williams, Justin Fields, Jayden Daniels, North Carolina’s Drake Maye, –, Michael Penix Jr, J.J, McCarthy, Bo Nix, Penix, Kirk Cousins, Dale Zanine, Reuters “, ” Cousins, Mike McCartney, Mike Garafolo, “, Kirk, ”, Nix, Carolina’s Spencer Rattler, Thursday’s, Marvin Harrison Jr, Pro Football Hall of Famer Marvin Harrison, WRs, Jeff Lewis, Rome Odunze, Malik Nabers, Xavier Worthy, Patrick Mahomes, Kingsley Suamataia, ” Mahomes, Brett Veach, Oregon WR Troy Franklin, Latu, Laiatu Latu, Ruke Orhorhoro, Quinyon Mitchell, Iowa’s Cooper DeJean, Jalyx Hunt, “ It’s, Howie Roseman, Jeff Roberson, You’ve, Key, I’m, Brock Purdy, “ We’ve, Brock Organizations: CNN, Chicago Bears, USC, New York Jets, NFL, Bears, LSU, Washington, New England Patriots, North, Atlanta Falcons, Minnesota Vikings, Denver Broncos, Falcons, New Falcons, USA, Sports, Reuters, New, New Orleans Saints, ESPN, Pro Football Hall of Famer, Arizona Cardinals, Rome, New York Giants, Kansas City Chiefs, Texas WR, Chiefs, BYU, Oregon WR, Ducks, Indianapolis Colts, UCLA, ESPN –, Clemson, Philadelphia Eagles, Houston, ” Eagles, Alabama, Jets, San Francisco 49ers, Super Bowl Locations: Detroit, Nashville, Alabama, New Orleans, Texas, Oregon, Toledo, California

☆ Detroit's 'doom loop' was unlike any other American city. Its downtown is now a model for urban reinvention.
▼ + stars: | 2024-04-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

But the city's downtown has one of the most stunning urban reinvention stories in the United States. Downtown Detroit recently hosted the NFL Draft to rave reviews and even broke an attendance record. AdvertisementLast week, more than 775,000 football fans converged in downtown Detroit for three days as the city hosted the NFL Draft. NFL fans near the draft stage at Campus Martius Park in downtown Detroit on April 27, 2024. Downtown Detroit has an abundance of towering, historic buildings that are perfect for office-to-housing conversions and office renovations that have taken hold in downtowns across the country.

Persons: —, Ryan Kang, Spencer Platt, Gen Zs, it's, Dan Gilbert Organizations: Downtown, NFL, Service, Detroit, Nashville, Martius, Renaissance, Miami, General Motors, Getty, Rocket Mortgage, Quicken, GM, Renaissance Center Locations: Detroit, United States, Downtown Detroit, Hudson's Detroit, downtowns

☆ What this NFL Draft pick plans to do with his new money—from mutual funds and a Roth IRA to Air Jordan 1 sneakers
▼ + stars: | 2024-04-27 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Fiske, 24, was drafted by the Los Angeles Rams in the second round of the 2024 NFL Draft on Friday evening. "I had never been around that much money," Fiske told MarketWatch last month. Together, they've discussed "how my financial life is going to change" upon signing an NFL contract, Fiske noted. "I'm putting money into mutual funds, index funds, high-yield savings accounts and maybe exploring new investment opportunities, too," he said, adding: "I also have a Roth IRA ... But that doesn't mean he won't splurge on a fun purchase: He's an avowed fan of Nike's Air Jordan 1 sneakers, for example.

Persons: Braden Fiske, —, Fiske, you've, they've, Roth, he's Organizations: Los Angeles Rams, Florida State University, FSU, NFL, Roth IRA, Air, Honda Accord, CNBC

☆ Photos of the 5 locations Taylor Swift mentions in her new album, 'The Tortured Poets Department'
▼ + stars: | 2024-04-27 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

Taylor Swift's new album, "The Tortured Poets Department," name-drops five locations in the US and UK. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLocations in the US and UK are enjoying newfound fame after Taylor Swift referenced them in her new album, "The Tortured Poets Department." It's the latest example of "Taylor Swift Effect," where everything the pop star touches has the potential to turn to gold. When Swift began publicly dating NFL football player Travis Kelce last September, sales of jerseys carrying his name spiked by 400%.

Persons: Taylor, —, Taylor Swift, Jennifer Adams, Thrillist, we've, Swift, Travis Kelce Organizations: Poets Department, Service, Walton, Google, Business, NFL Locations: London, Destin , Florida, Destin

☆ Meet the top 10 picks in the NFL Draft
▼ + stars: | 2024-04-26 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

The first round of the 2024 NFL Draft took place in Detroit on Thursday. All top 10 picks were offensive players, a first in NFL Draft history. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Now, the city is hosting a weekend of celebrations for the 2024 NFL Draft, which began on Thursday, April 25, to usher in an exciting new wave of football talent with arguably the most talented draft class in recent memory. This story is available exclusively to Business Insider subscribers.

Persons: Caleb Williams, — Organizations: NFL, Chicago Bears, Service, Lions, NFC, Business Locations: Detroit

Whispering in the ears of the billionaires and celebrities doing the buying, however, are investment bankers. Like other sports bankers BI interviewed for our list of top sports bankers, he exemplified a good-humored, approachable attitude, including joking about his many sports allegiances. Related stories"Earlier in my career, I made the mistake of telling Bob Kraft that I was a New York Jets fan," Carey told BI recently. They're obsessive Jets fans, and they're just fans because I'm a Jets fan," Neville told BI. So that's why we'll be Jets fans forever."

Persons: it's, Goldman Sachs, Greg Carey, everyone's, Carey, Colin Neville's, he's, David Beckham, Steve Ballmer, Joe Tsai, Ballmer, Tsai, Neville, Andrew Kline, Kline, Bob Kraft, I'm, Robert Tilliss, There's, Abramovich, Vladimir Putin, Todd Boehly, Joe Lenehan, Michael Arougheti, David Rubenstein's, doesn't, there's Organizations: NBA, JPMorgan, Business, The, PJT Partners, Chelsea FC, Baltimore Orioles, Sports, Goldman, Endeavor, WWE, Microsoft, Beckham's, Los Angeles Clippers, Brooklyn Nets, Barclays Center, St, Louis Rams, Los Angeles Rams, Golden State Warriors, Miami Heat, Harvard, US Rugby National, Cal, New York Jets, BI, Patriots, Giants, Rays, Chelsea, Circle, Atlanta Hawks NBA, New York Mets, NFL, soccer's Premier League, Russian, Chelsea football, LA Dodgers, Yankees, Manchester United Games, Jets, we'll Locations: European, Los Angeles, Berkeley, Barcelona, Ukraine, New York

☆ Meet Rob Walton, the Walmart heir worth $79.8 billion who's retiring from the company's board after more than 40 years
▼ + stars: | 2024-04-26 | by ( Avery Hartmans | Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Rob Walton, the eldest of Walmart founder Sam Walton's children, is retiring after more than 40 years on the company's board. With a net worth of $79.8 billion, he's among the 20 richest people in the world. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementWalmart billionaire Rob Walton is stepping down from the board of his family's company. Walmart announced on Thursday that Walton, the eldest son of founder Sam Walton, will retire after more than 40 years on the board as its longest-serving member.

Persons: Rob Walton, Sam Walton's, —, Walton, Sam Walton Organizations: Walmart, Service, NFL, Denver Broncos

☆ Kirk Cousins: Atlanta Falcons pick QB Michael Penix Jr. in NFL Draft. Current starter’s camp ‘had no idea’ of surprise move
▼ + stars: | 2024-04-26 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —The Atlanta Falcons surprised the NFL world on Thursday, selecting quarterback Michael Penix Jr. with the No. They also expressed their excitement in having someone to help them win right now in the former Minnesota Vikings QB, while also being able to build for the future with Penix Jr. Morris said that Cousins’ reaction when he was informed that the team would be selecting Penix Jr. would remain private. The Falcons are hoping a similar tactic works for them, now that Cousins and Penix Jr. are at the franchise. Penix Jr. performs in the 2024 NFL Combine.

Persons: Michael Penix Jr, Kirk Cousins, Cousins, Penix Jr, Mike McCartney, ” McCartney, Mike Garafolo, “, Kirk, Terry Fontenot, Raheem Morris, Morris, Penix, ” Morris, “ It’s, ” Cousins, Mike Stewart, Jordan Love, Aaron Rodgers, Rodgers, grumbled, Love, that’s, Kirby Lee, Kirk’s, Michael, ” Penix, Patrick Mahomes Organizations: CNN, The Atlanta Falcons, NFL, Falcons, Atlanta, Minnesota Vikings QB, Packers, New York Jets, National Football League, USA, Reuters, Washington, FBS Locations: New York, Cousins, Indiana, Washington

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